Trump announces South Korea energy investment deal in Alaska and Texas
President Trump announced a US$200 billion energy investment agreement between the United States and South Korea on Wednesday.
Alaska LNG project funding
The package includes up to $54 billion for a liquefied natural gas pipeline in Alaska. This specific portion of the deal was highlighted during remarks made in the Oval Office.
Texas power plant support
Seoul agreed to provide $22.3 billion for a natural gas-fired power project located in Texas. The administration stated this investment would help secure the critical energy supply chain.
Nuclear power investments planned
The agreement also covers more than $100 billion in planned longer-term nuclear power investments across the country. These funds are part of a broader July 2025 trade deal with Trump.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- The Hill
- South China Morning Post
Reported by
2 independent outlets. Headlines as published. Links open the original report.